The protected cell regime for UK OEICs

With effect from 21 December 2011, the protected cell regime has been introduced for UK authorised open-ended investment companies. This long awaited "catch up" initiative is intended to protect investors from the risk of contagion within OEIC umbrellas and to promote UK business and growth by increasing the attractiveness of UK OEICs as an investment vehicle.

The regime is compulsory for new OEICs, and existing OEICs will need to adjust their provision so as to comply.